SBA Financing
ICS SBA loans provide competitive rates for business owners that intend to occupy 51% or more of their business real estate location.
PURPOSE
Real estate purchase, refinance, new construction, tenant improvements, rehab
PROPERTY TYPES
Business Owner-Occupied 51% +
commercial real estate
LOAN SIZE
$350,001 - 5,000,000
TERM
5, 10, 25 - 30 Years
AMORTIZATION
25 - 30
RATES
Federal Prime + 2% - 3%
Rates are based on location, property quality, leverage, and building experience.
MAX LOAN-TO-VALUE
90%
PREPAYMENT
Yes
FEES / POINTS
SBA Fee of 2.75% - 3%
CLOSING TIME-FRAME
60 - 90 Days
FULL APPRAISAL
A full appraisal is required for all ICS SBA Loans
Commercial
Office
Retail
Industrial